Description

Photograph of the Laura Mine on a hillside, c. 1902. The mine was owned by the Baumann Copper Mining Company.

In the picture are workers standing near an A-frame headframe or “gallow” that is stationed over the opening of the mine entrance.

An article in the Arizona Daily Journal Miner, May 17, 1902, p. 4, gave an optimistic progress report about the mine (intended to attract potential investors): “The shaft on the Laura mine has attained a depth of 108 feet, and is solid timbered all the way. A station has been in at 100 feet and short levels run therefrom to the north and to the south. From these levels crosscuts are now being made to ascertain the width of the lode. A car load of mining timbers has been ordered and as soon as this arrives sinking will be resumed.”

“A new quality of ore is making its appearance in the south level in the form of iron sulphurets, a sample of which assayed 4.1 per sent copper, $1.60 gold and 55 cents silver. The regular Laura ore is continuous in the several quartz veins, and shows in place ore of exceptional richness.”

 “…stock will be sold for a short while at the present price of 35 cents a share. Therefore, any stockholder who wished to increase his holding and others contemplating making investments in Baumann Copper stocks, had better do so at once, for the ’35 cent days’ will soon be a thing of the past.”